Fallen stocks were plentiful on Friday at the close of trading closed on the Junior Market of the Jamaica Stock Exchange, after investors traded 43 securities compared with 44 on Thursday and ended with prices of 14 rising, 22 declining and seven closing unchanged following a 52 percent decline in the volume of stocks traded, with 50 percent lower value than Thursday with
The market closed with trading of 2,755,767 shares valued $7,072,014 compared with 5,795,105 units at $14,286,428 on Thursday.
Trading averaged 64,088 shares at $164,465 compared to 131,707 units at $324,692 on Thursday with the month to date, averaging 97,032 units at $227,067 down from 113,315 stocks at $258,008 on the previous day and April with an average of 204,118 units at $439,599.
Dolla Financial led trading with 686,474 shares for 24.9 percent of total volume followed by Everything Fresh with 522,652 units for 19 percent of the day’s trade and Express Catering with 211,271 stock units for 7.7 percent market share.
At the close of trading, the Junior Market Index popped 5.91 points to conclude trading at 3,803.31.
The Junior Market ended trading with an average PE Ratio of 12.7, based on last traded prices in conjunction with earnings projected by ICInsider.com for the financial years ending around August 2025.
Investor’s Choice bid-offer indicator shows four stocks ended with bids higher than their last selling prices and two with lower offers.
At the close, Access Financial rose $1.13 to $21.14 in switching ownership of a mere 97 shares, AMG Packaging declined 30 cents and ended at $3.40 with 33,522 units clearing the market, Blue Power gained 37 cents to end at $3.30 as investors exchanged 84,669 shares. CAC 2000 popped 7 cents in closing at $4.29 and closed after just 4 stock units changed hands, Caribbean Assurance Brokers shed 6 cents to finish at $2.20 in an exchange of 15,960 shares before the company reported a big jump in profit for 2023 that was up 58 percent to $123 million. Caribbean Flavours fell 12 cents to close at $1.58 after 2,702 stocks passed through the market. Consolidated Bakeries climbed 14 cents to $2.19 after an exchange of 105 units, Dolphin Cove increased 13 cents to close at a 52 weeks’ high of $20.03 after 1,171 stock units crossed the market, Everything Fresh skidded 11 cents in closing at $1.88 in trading 522,652 shares. Future Energy rallied 23 cents and ended at $3.54 with 21,519 stocks crossing the exchange, Indies Pharma sank 8 cents to end at $2.62 after a transfer of 1,164 units, Lasco Financial slipped 9 cents to finish at $1.60 with investors swapping 91,239 stock units. Lumber Depot lost 6 cents to end at $2.70 after an exchange of 147,822 shares, Medical Disposables advanced 53 cents in closing at $2.28 with investors transferring 820 units, Spur Tree Spices dipped 6 cents to close at $2.43, with 22,457 stocks changing hands and tTech rose 11 cents to end at $2.20 in trading 8 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks hit Trinidad Exchange
Declining stocks had the upper hand on Friday sending the Trinidad and Tobago Stock Exchange down on at the close, with the volume of stocks traded rising by 9 percent at a slightly lower value than Thursday, resulting in 16 securities trading compared with 20 on the previous day and ending with prices of two stocks rising, seven declining and seven remaining unchanged.
Trading closed with an exchange of 281,951 shares at $2,799,468 versus 258,004 stock units at $2,857,161 on Thursday.
An average of 17,622 shares were traded at $174,967 compared with 12,900 units at $142,858 on Thursday, with trading month to date averaging 14,335 shares at $148,614 compared to 12,950 units at $137,518 on the previous day and an average for April of 17,642 shares at $178,724.
The Composite Index shed 11.53 points to culminate at 1,166.47, the All T&T Index shed 13.76 points to conclude trading at 1,762.72, the SME Index remained unchanged at 77.71 and the Cross-Listed Index slipped 1.28 points to culminate at 73.95.
Investor’s Choice bid-offer indicator shows six stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Agostini’s fell 46 cents to end at $69.03, with 1,808 shares changing hands, Angostura Holdings lost 5 cents to close at $20.10 with investors trading 206 stocks, Ansa McAl ended at $57, with 22 units being traded. Calypso Macro Investment Fund shed 19 cents and ended at $22.81 in an exchange of 415 stocks, First Citizens Group remained at $48 with investors trading 2,082 shares, FirstCaribbean International Bank rose 9 cents to $7.04 after a transfer of 73,250 units. GraceKennedy ended at $4 after 43,500 stocks passed through the market, Guardian Holdings dropped 23 cents to end at $17.77 in an exchange of 200 stock units, JMMB Group sank 5 cents in closing at $1.35 after an exchange of 6,215 shares. Massy Holdings remained at $4.25 with 87,363 stock units clearing the market, NCB Financial remained at $2.90 in switching ownership of 15,500 units, One Caribbean Media ended at $3.70 with investors dealing in just 3 stocks. Prestige Holdings skidded $1.80 and ended at $11.20, with 2,812 units crossing the market, Republic Financial ended at $119.75 as investors exchanged 8,067 stocks, Scotiabank dipped 1 cent to close at $65.99 after 1,035 shares were traded and West Indian Tobacco gained 10 cents to finish at $10.10 with investors transferring 39,473 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Gains for JSE USD Market
The Jamaica Stock Exchange US dollar market closed on Friday, with a 9 percent rise in the volume of stocks that changed hands with 57 percent less value than on Thursday, resulting in trading in seven securities, compared to seven on Thursday with prices of two rising, two declining and three ending unchanged.
The market closed with trading of 107,250 shares for US$8,800 versus 98,700 stock units at US$20,672 on Thursday.
Trading averaged 15,321 shares at US$1,257 compared to 14,100 units at US$2,953 on Thursday, with the month to date averaging 18,676 shares at US$3,162 compared to 20,633 units at US$4,273 on the previous day and April with an average of 35,401 units for US$2,453.
The US Denominated Equities Index declined 1.43 points to lock up trading at 236.44.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2025.
Investor’s Choice bid-offer indicator shows two stocks ended with bids higher than their last selling prices and none with a lower offer.
At the close, AS Bryden ended at 22.49 US cents with 23,723 shares clearing the market, First Rock Real Estate USD share ended at 4.93 US cents with investors transferring just 1 stock unit, Margaritaville rallied 0.03 of a cent and ended at 10.03 US cents with 659 stocks crossing the market. Proven Investments slipped 0.43 of one cent to finish at 13.57 US cents with investors dealing in 11,324 stock units, Sygnus Credit Investments ended at 7.6 US cents with a transfer of 3,555 shares and Transjamaican Highway slipped 0.05 of a cent to end at 2.11 US cents with 67,875 units crossing the market.
In the preference segment, JMMB Group US8.5% preference share popped 7 cents to end at US$1.27 in trading 113 stocks.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
JSE USD trading drops
The Jamaica Stock Exchange US dollar market ended with a 34 percent fall in the volume of stocks traded with a 32 percent lower value than on Wednesday, resulting in trading in seven securities, compared to five on Wednesday with prices of two rising, one declining and four ending unchanged.
The market closed with an exchange of 98,700 shares for US$20,672 down from 148,890 units at US$30,599 on Wednesday.
Trading on Thursday averaged 14,100 shares at US$2,953 versus 29,778 stocks at US$6,120 on Wednesday, with a month to date average of 20,633 shares at US$4,273 compared with April ending with an average of 35,401 units for US$2,453.
The US Denominated Equities Index popped 3.15 points to end the day at 237.87.
The PE Ratio, a measure used in computing appropriate stock values, averages 9.4. The PE ratio is computed based on the last traded price divided by projected earnings done by ICInsider.com for companies with their financial year ending and or around August 2024.
Investor’s Choice bid-offer indicator shows three stocks ended with bids higher than their last selling prices and one with a lower offer.
At the close, AS Bryden ended at 22.49 US cents trading 59,354 stocks, First Rock Real Estate USD share declined 0.02 of a cent to 4.93 US cents in an exchange of 500 units, Proven Investments remained at 14 US cents after 12,071 shares crossed the market. Sygnus Credit Investments ended at 7.6 US cents as investors exchanged 886 stock units, Sygnus Real Estate Finance USD share popped 0.2 of a cent to finish at 9 US cents with 300 shares clearing the market and Transjamaican Highway increased 0.06 of a cent and ended at 2.16 US cents with investors dealing in 23,080 stock units.
In the preference segment, JMMB Group 5.75% ended at US$2, with 2,509 units crossing the exchange.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.
Falling stocks push Trinidad Exchange down
The Trinidad and Tobago Stock Exchange ended trading on Thursday, with a 10 percent rise in the volume of stocks traded with a 21 percent greater value than on Wednesday, resulting in an exchange of 20 securities up from 18 on Wednesday and ended with prices of five stocks rising, seven declining and eight remaining unchanged.
Trading closed with an exchange of 258,004 shares at $2,857,161 up from 234,114 stocks at $2,368,929 on Wednesday. An average of 12,900 shares were exchanged for $142,858 compared with 13,006 stock units at $131,607 on Wednesday, with trading for the month to date averaging 12,950 shares at $137,518 compared with an average for April of 17,642 shares at $178,724.
The Composite Index skidded 5.26 points to wrap up trading at 1,178.00, the All T&T Index shed 8.09 points to end at 1,776.48, the SME Index remained at 77.71 and the Cross-Listed Index slipped 0.31 points to end at 75.23.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and three with lower offers.
At the close, Angostura Holdings lost $2.35 and ended at $20.15 with investors swapping 24 shares, Ansa McAl ended at $57 after an exchange of 35 units, Calypso Macro Investment Fund popped 25 cents to close at $23, with 30 stocks crossing the market. First Citizens ended at $48 after an exchange of 471 stocks, FirstCaribbean International closed at $6.95 with 3,512 shares passing through the market, GraceKennedy slipped 5 cents to end at $4 with traders dealing in 47,800 stock units. Guardian Holdings sank 5 cents in closing at $18 after 2,355 stocks crossed the exchange, JMMB Group ended at $1.40 with investors trading 10,560 stock units, Massy Holdings skidded 7 cents to close at $4.25 after 50,181 shares passed through the market. National Enterprises rallied 2 cents to close at $3.72 with an exchange of 145 stocks, National Flour Mills fell 10 cents and ended at $2.10 after closing with 10,437 units changing hands, NCB Financial ended at $2.90 with a transfer of 30,000 stock units. One Caribbean Media remained at $3.70 with investors dealing in 744 shares, Prestige Holdings ended at $13 after a transfer of 5,560 stocks, Republic Financial rose $1.35 to finish at $119.75, with 10,033 units crossing the market. Scotiabank dipped 24 cents and ended at $66 in trading 4,836 stock units, Trinidad & Tobago NGL climbed 35 cents to end at $8.35, with 3,669 shares changing hands, Trinidad Cement ended at $2.60 in an exchange of 20,964 stocks. Unilever Caribbean shed 3 cents to close at $11.12 with investors trading 3,012 units and West Indian Tobacco increased 2 cents to end at $10 in switching ownership of 53,636 stock units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.